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Fly News Breaks for August 2, 2018
SSYS
Aug 2, 2018 | 06:16 EDT
Loop Capital analyst Ananda Baruah raised his price target on Stratasys to $21 after its better than expected Q2 results, saying the velocity of deal closure "bounced back nicely" from a soft March quarter. The analyst is positive on the company's progress toward generating revenue growth and capturing "healthy return", but keeps his Hold rating as he waits a more attractive valuation in combination with the next catalyst.
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